Kronos Incorporated · Chelmsford, MA United States
Company Description
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This link will open in a new window You won't ever catch Kronos taking a nap in the company supply closet. The company's Workforce Central systems collect attendance data and automatically post it to payroll. Kronos data collection systems keep track of factory production and labor hours. It also makes labor management analysis software and payroll processing applications. Kronos sells its products through its own salesforce and through an alliance with payroll service company ADP . The company focuses on the health care, manufacturing, government, retail, and hospitality markets. Kronos was acquired by an investment group led by private equity firm Hellman & Friedman in 2007. To read the full description, subscribe now.
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Key Kronos Incorporated Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | September |
| Employees | 3,434 |
Competition
Competitive Landscape for Kronos Incorporated
The US economy heavily influences business spending for software products. The success of programming companies depends heavily on strong technical expertise. The success of packaged-software companies depends on technical expertise and good marketing. Small software companies compete mainly by developing packaged products in small niches or producing custom products for individuals. Many small companies form alliances with larger ones to market their products. The packaged software industry is capital-intensive and highly automated, with average annual revenue per worker surpassing $400,000. The custom programming industry is labor-intensive: with average annual revenue per worker of about $115,000. To read the full description, subscribe now.Top Kronos Incorporated Competitors
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